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Mohali Makes Millions After Chandigarh Losses Out in Excise Revenue
While Mohali’s excise department is celebrating its 12.5% higher revenue, Chandigarh is stuck with a major setback as they struggle to auction off liquor vends for the upcoming fiscal year. This situation has highlighted the significant impact excise duty and VAT have on revenue generation. Even after two rounds of auctions in March, the Chandigarh […]
India’s GDP grows 8.7 pc in 2021-22 as against contraction of 6.6 pc in previous fiscal: Govt data
India’s GDP grew at 8.7 pc in 2021-22 as against contraction of 6.6 pc in previous fiscal, as per government data released on Tuesday.The GDP growth was 4.1 pc in January-March 2021-22. India’s GDP growth fell to 4.1% in the fourth quarter of the last fiscal year, its slowest pace in a year. The economic […]
Panchkula MC Pursues Rs 25.44 Cr Property Tax Dues
The MC of Panchkula (Municipal Corporation) has decided to be tough on defaulter of property tax whether they are found in both private or government sectors, bearing in mind that around Rs 25.44 crore has not been paid yet which is huge money. Notably, municipal corporation will send reminders specifically aimed at such companies drawing […]